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Facebook Says SEC Won't Bring Enforcement Action Over IPO

The U.S. Securities and Exchange Commission has dropped its probe of Facebook Inc., and will not bring an enforcement action over issues around the company’s $16 billion initial public offering, the social media giant said on Thursday in a regulatory filing.

  • H&M, Aeropostale Settle Suit Over 'Live Love Dream' Mark

    A New York federal judge on Friday signed off on a settlement to end Aeropostale Inc.'s lawsuit claiming H&M Hennes & Mauritz AB stole the trademark-protected phrase "Live Love Dream" from its retail rival.

  • Lloyds Confirms 'Late-Stage' Libor-Rigging Settlement Talks

    Lloyds Banking Group PLC said Friday that it is close to reaching a settlement with regulators to end an investigation into its alleged role in manipulating a benchmark rate that measures how much banks charge one another to borrow money.

  • Citi's LavaFlow Pays $5M To Settle SEC Data Leak Charges

    Citigroup Inc. unit LavaFlow Inc., a leading alternative trading platform, agreed Friday to pay $5 million to settle U.S. Securities and Exchange Commission charges of failing to protect confidential trading data, marking the latest action regulators have taken against off-exchange trading venues.

  • Fox Inks $9.3B Deal With BSkyB As Time Warner Rumors Swirl

    Rupert Murdoch's 21st Century Fox Inc. said Friday it would unload its stakes in German and Italian pay-TV assets to British Sky Broadcasting Group PLC in a deal worth $9.3 billion, a move that will likely help Fox in its high-profile hunt for Time Warner Inc.

  • BNP Paribas Reaches $80M Deal In Federal Credit FCA Suit

    BNP Paribas SA and two affiliates have agreed to pay $80 million to settle the federal government’s False Claims Act suit over a scheme to fraudulently obtain government financing for international shipments under a U.S. Department of Agriculture credit program, according a Texas federal court order filed Thursday.